Category: Client News

These are the names to watch as China coronavirus takes down travel stocks Travel stocks tanked as an outbreak of the deadly new coronavirus spread from China to the United States. The World Health Organization was trying to determine on Wednesday whether the fast-spreading strain that killed nine people and sickened about 470 in China […]

PS&S adds veteran wastewater utility official to Wall office PS&S has hired a longtime public utility official in Monmouth County as the newest edition to its water resources team. The design and engineering firm, which is based in Warren, announced that Bob Fischer has joined its ranks as a senior director based in its Wall […]

Chris Christie’s Institute for Public Policy officially gets a home Former Gov. Chris Christie’s non-profit Christie Institute for Public Policy has formally teamed up with his alma mater, Seton Hall University School of Law, a spokeswoman for the former governor said. The partnership was announced Tuesday, about four months after Christie kicked off the initiative […]

Use KRE to invest in regional banks, avoid individual stock risk: Tengler – Matt Maley of Miller Tabak and Nancy Tengler of Laffer Tengler Investments discuss how to invest in regional banks with CNBC’s Tyler Mathisen.

S&P 500, Nasdaq Rise to Records as Geopolitical Risks Abate U.S. and China prepare to sign phase-one trade deal The S&P 500 clinched another record Monday as geopolitical tensions remained in check and investors looked ahead to the start of earnings season. The broad index of large U.S. companies gained 22.78 points, or 0.7%, to […]

‘Bloomberg Markets: The Close’ Full Show (1/13/2020) – Scarlet Fu and Joe Weisenthal bring you the latest news and analysis leading up to the final minutes and seconds before the closing bell on Wall Street. Today’s show tackles bank earnings, the oil market, and the JPMorgan Healthcare Conference. Guests Today: Lisa Gill of JPMorgan Chase, Rob Thummel of Tortoise Capital Advisors, Shilpa Yarlagadda of Shiffon, Ian Lyngen of BMO Capital Markets, Patrick Soon-Shiong of NantKwest, Sherry Paul of UBS Global Wealth Management (Source: Bloomberg)

Boost Your Retirement Income With Tricks The Pros Use Finding retirement income is still a challenge. Interest rates remain low. But you can borrow a key trick financial advisors use to solve this puzzle. This solution eliminates the need to build a giant retirement nest egg just to get a decent amount of income. Read […]

U.S. braces for Iran cyberattack retaliation – Heightened U.S-Iran tensions have prompted U.S. government officials to be on high alert for a potential cybersecurity attack. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss the risks with GenTrust Chief Investment Officer Jim Besaw.

Why Iran crisis is unlikely to hit US consumers hard at the gas pumps Rumors of Middle East war used to inevitably lead to soaring gas prices but fracking revolution has changed the market landscape For many older Americans the thought of war in the Middle East will trigger memories of soaring gas prices and […]

Oil rally unlikely to tempt more US E&P spending in 2020, experts say HIGHLIGHTS Another $10/b needed to boost drilling: Harold Hamm Budgets, activity seen lower for 2020 $70/b-plus said needed for substantive capex change Houston — Oil prices are the highest they have been in months, but that likely will not tempt most US […]

Academic playbook to geopolitical risk is not working for markets: Strategist – Nancy Tengler of Laffer Tengler Investments, and Brian Belski of BMO Capital Markets, join CNBC’s “The Exchange” to discuss if recent geopolitical news is impacting the markets.

Warren Buffett has $130 billion in cash. He’s looking for a deal Warren Buffett wants to make a big acquisition — and the Oracle of Omaha’s Berkshire Hathaway conglomerate has nearly $130 billion in cash that he can use in a deal. But what would Buffett deem worthy of buying at a time when stocks […]

Oil spikes after U.S. airstrike kills Iranian general – On the Iran strike news, Rob Thummel of Tortoise Capital Advisors, breaks down what is happening to oil prices.

Earnings must deliver to keep this rally going in 2020, and early indications aren’t good Bob Pisani KEY POINTS Many investors believe there will be a reacceleration of earnings growth in 2020, but it’s not clear that will happen, according to CNBC’s Bob Pisani. Early signs of a bottom in the global economic slowdown have […]

What does the ‘WeWork effect’ mean for IPOs in 2020? After WeWork disaster and poor early performances from big-name startups like Uber, experts expect focus on profits and enterprise software in the new year The public crash and burn of WeWork’s initial public offering and poor early performances from high-priced startups that actually managed to […]

Crypto? Disney? Investment strategists offer top picks for the next decade What do cryptocurrency, Alphabet and Walt Disney have in common? They’re all top investment picks for the next 10 years, according to Wall Street strategists surveyed by Reuters. As a decade dominated on the U.S. stock exchange by Netflix , Apple, and other technology […]

This Week in Commodities: 2020 Energy Preview (Podcast) – 2019 has proven more bullish for crude oil than 2018, when crude dropped 25 percent. Yet, natural gas futures are down for the year. Bloomberg’s Jessica Summers and Tortoise’s portfolio manager Rob Thummel discuss the outlook for oil, natural gas and energy equities in 2020.

GenTrust to Expand Wealth Management Footprint to Puerto Rico GenTrust is expanding operations in Puerto Rico with a new office in San Juan, the company says. The new office will be led by Elena Hernández, principal of GenTrust Puerto Rico, who was born and raised on the island, according to a press release from the […]